Question

Credit balance of anands A/C JOURNAI
ENTRIES

Answer 1

Answer:

Anand a/c dr

to cash a/c

Answer 2

Answer:

There isn't any Journal Enteries for commencing balance.

Explanation:

• You should convey down the balances in suitable account & the respective side.
• In different ways, it may be denoted as debit your creditor account and credit score your financial institution account.
• Credit balance is the total amount present in the account.

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